What We Learned From Facebook's Earnings Call

Mark Zuckerberg and Sheryl Sandberg were on Facebook's first earnings call. David Benoit joins Markets Hub to discuss what Facebook did, and did not, reveal.

This transcript has been automatically generated and may not be 100% accurate.

... I ... Facebook shares down four team percent twenty three dollars ... the stock was as low as twenty to twenty eight this morning ... shares are just getting hammered all will relentlessly ... happy yesterday disappointing earnings ... and all almost was on a conference call natural to focus on right now who don't know the unit to Kissimmee the numbers ... let's hope a conference call by pianist amulet day Benoit Deal Journal blogger who loves you live blogging it on your I like hell when Leo ... Brunel of the Union and the grocer ... aam ... that was a very strange conference call and I don't think investors came away feeling very good about yet I think ... it in some ways they're kind of tutu ... I think faults here one was beat the analyst is kind of stopped asking very like ... questions about how to model if you are ... it ... that a normal investor you know every investor which owns what Facebook was all about these big country town best it's ... just no one got an answer ... I know ... is is of ... the quarter that you know is going for a busy write anything in the future email and I really really very few even in tough questions or questions I mean nobody came and said ... give Ascena give us an outlook to give us guidance opened ... the door and all real numbers by investors TD sure there were no questions like ... Yelp how should we think about ... revenue raiser ... which is something you hear a lot worse come like away and analysts will ask for guidance ... Anzac is are usually pretty well into these deep thoughts about right ... you know they're ... they're ... emotions about the future right now one thing they did talk about was the usernames tummy uses and there you can see ... that their overall in the monthly active users rose to nine hundred and fifty five million ... daily active users from fifty two million mobile mobile was interesting and cannot now ... five forty three right and I you know they did the Mobile's a big deal for them right ... they are optimistic sounding of Dow will will that again with no good numbers with no current projections or plans ... all he got yesterday was Mark Zuckerberg time talking to previously about what they're thinking about reading back they need the kind of ... a lot of the call I'm actually kind of a stunning amount of the call was spent talking about the sponsored stories which right is where they sell to GM will not to GM the house here anymore EFX ... they sell to Applebee's an advertisement ... that shows up in your news feed on their mobile phone ... it's the only way they can sell an animal ... except that they also kept saying it's very early it's a very small part of our new ... it's doing well it's making a million a day which does is something that sounded out certainly not the outcome in numbers and kitchen eighty ninety